The Real Investor
The real investor has one mission, namely, to make people’s lives better. To do that he has to define three broad categories. First, he must define what to invest. Time, money, energy, skills, information, knowledge, and more, are all resources the real investor could use. Second, he must identify what makes people’s lives better currently and in the future. Finally, he must create a vehicle that enables him to transform his resources into what makes people’s lives better, into more resources, into more of what makes people’s lives better, into more resources, etc.
This mission, to make people’s lives better, and the three categories described, are the only rules, the real investor has to play by. Everything else is as important but not defined, subject to change, and open to the realms of creativity and discovery.
To illustrate, consider this. The resource of my choice is money. What makes people’s lives better is defined at the most fundamental level by the laws of physics and the brain of human beings. The vehicle’s nature is defined by it’s mission and by where money and the lives of human beings overlap.